Investing

Still, in a much-anticipated development, U.S. crude futures this week flipped into backwardation over the next six months. That means prices for future delivery are less expensive than contracts to ship oil at an earlier date. The six-month spread hasn’t closed in backwardation since November 2014, just before prices crashed, according to Roberto Friedlander, head
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Amazon has secured three new domain names related to cryptocurrency, sparking speculation that the e-commerce giant could be preparing a move into the cryptocurrency space. However, Amazon Pay’s VP Patrick Gauthier told CNBC last month that Amazon had no plans to accept cryptocurrency because there hasn’t been much demand yet, and Amazon may simply be
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Check out which companies are making headlines before the bell: Wal-Mart – The retailer announced it was tripling its selection of online items for the holiday shopping season, as well as providing free two-day shipping on more than two million products if the order is greater than $35. Estee Lauder – The cosmetics maker reported
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As sports retailers like Under Armour fall under pressure from the brick-and-mortar slowdown, Columbia Sportswear’s President and CEO Tim Boyle told CNBC that his company’s key to success has come from standing out. “Nobody needs another brand of footwear or apparel. Regardless of how impactful our products are, it’s about being different and it’s about
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The news roiled pharmaceutical stocks, while Amazon shares are at all-time highs. According to Tanquilut, Amazon’s business-to-business medical device web page was posted during the same period the company was granted wholesale distribution licenses in several states. The licensure was first reported by the St. Louis Post-Dispatch. An Amazon spokesperson previously told CNBC by email
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Expedia CEO Mark Okerstrom told CNBC that the company’s stock decline on Friday is a “concern” but he is still “incredibly optimistic” about the future of the business. Shares of the travel company fell Friday, one day after it reported quarterly earnings that failed to meet Wall Street’s expectations. The stock was down about 18
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Big tech stocks are already having a record day on Wall Street. Amazon, Microsoft and Google parent Alphabet all reported Q3 earnings after the bell Thursday, beating Wall Street expectations and sending stocks on the rise after hours and into the start of trading Friday. Amazon surged 11 percent, Microsoft spiked 9 percent, and Alphabet
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Times of economic difficulty tend to bring up talk of “safety stocks,” but in times of economic prosperity, CNBC’s Jim Cramer sees that narrative flip. “What if the definition of safety is changing right before our eyes? What happens when what’s prudent suddenly becomes what’s reckless and what used to be reckless becomes responsible?” the
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CNBC’s Jim Cramer has noticed that this market is keen to forgive all kinds of underperformers, so he checked back in with two of the technology sector’s biggest dogs: GoPro and Fitbit. “Yep, in recent months, both GoPro, the maker of wearable, high-definition video cameras, and Fitbit, the king of wearable fitness trackers, have seen
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Bitcoin doesn’t show textbook signs of a bubble yet, but there are other reasons not to buy it, says investing expert William J. Bernstein. The digital currency has “no intrinsic value,” Bernstein said in a phone interview with CNBC.com. It’s “awfully suspicious on that criteria alone.” The “fact the price keeps rising, that’s a very
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Look at those numbers: the median value (half have more, half have less) of a 401(k) account for someone 65 and over is about $60,000. Let’s assume at 65 you’re going to live another 20 years to 85: $60,000 isn’t much to live on spread out over 20 years. This is important because the other
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When CNBC’s Jim Cramer first recommended Callaway Golf and Dick’s Sporting Goods as ways to invest around golf a little over a year ago, he wasn’t entirely sure where the industry would go. “At the time, the conventional wisdom held that golf was dead, but I thought we were seeing some green shoots and there
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